IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2022i1p38-57.html
   My bibliography  Save this article

Tourism in COVID-19 Pandemic: Consequences and the Way Forward

Author

Listed:
  • Priya Harchandani
  • Samik Shome

Abstract

COVID-19 pandemic emerged as a shock to the world, leading it towards an unprecedented socioeconomic crisis. Amongst all the sectors of the global economy, tourism was hit the hardest. Non-pharmaceutical interventions put in place to curb the spread of the disease, deeply impacted the activities in the global tourism community. Owing to the pandemic, the global community is being pushed into a recession. Tourism is crucial to the economic recovery of the world. Therefore, this study focuses on examining the consequences of the pandemic on the global tourism sector. Since tourism does not work in isolation and is intertwined with its associated sectors, the study considers the impact of the pandemic on aviation, hotel and accommodation and MSMEs in tourism. For this purpose, a regional analysis has been conducted. The findings reveal that the Asia-Pacific region has been consistently performing poorly in terms of tourism-related indicators. Europe stood second in place. However, during the resurgence of the second wave and new variants of the virus, it kept on switching places with the Asia-Pacific region. Tourism is considered to be a resilient sector as it bounces back to the pre-crisis levels eventually. However, the evolving nature of the pandemic has created huge difficulties for the sector to start its recovery. Hence the paper also discusses the future of travel in the next normal.

Suggested Citation

  • Priya Harchandani & Samik Shome, 2022. "Tourism in COVID-19 Pandemic: Consequences and the Way Forward," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 38-57.
    • Handle: RePEc:bas:econst:y:2022:i:1:p:38-57
    as

    Download full text from publisher

    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-1/03_Samik-Shome.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Keogh-Brown, Marcus Richard & Smith, Richard David, 2008. "The economic impact of SARS: How does the reality match the predictions?," Health Policy, Elsevier, vol. 88(1), pages 110-120, October.
    2. Sigala, Marianna, 2020. "Tourism and COVID-19: Impacts and implications for advancing and resetting industry and research," Journal of Business Research, Elsevier, vol. 117(C), pages 312-321.
    3. Albert Assaf & Raffaele Scuderi, 2020. "COVID-19 and the recovery of the tourism industry," Tourism Economics, , vol. 26(5), pages 731-733, August.
    4. International Working Group on Financing Preparedness, 2017. "From Panic and Neglect to Investing in Health Security," World Bank Publications - Books, The World Bank Group, number 26761.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mariella Nenova, 2022. "Households’ Consumption Pattern and Saving – Evidence for the First Year of the Covid-19 Pandemic in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 3-22.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chung-Wei Kuo, 2021. "Can We Return to Our Normal Life When the Pandemic Is under Control? A Preliminary Study on the Influence of COVID-19 on the Tourism Characteristics of Taiwan," Sustainability, MDPI, vol. 13(17), pages 1-17, August.
    2. Rehab El Gamil, 2022. "Exploring Travel Behaviour Post-COVID-19: Towards a More Responsible Tourism," Academica Turistica - Tourism and Innovation Journal, University of Primorska Press, vol. 15(2), pages 203-216.
    3. Davide Provenzano & Serena Volo, 2022. "Tourism recovery amid COVID-19: The case of Lombardy, Italy," Tourism Economics, , vol. 28(1), pages 110-130, February.
    4. Malik Garima & Singh Dharmendra, 2023. "Twitter sentiment analysis: An estimation of the trends in tourism after the outbreak of the Covid-19 pandemic," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 13(1), pages 40-48, December.
    5. Anna Jęczmyk & Jarosław Uglis & Jan Zawadka & Joanna Pietrzak-Zawadka & Monika Małgorzata Wojcieszak-Zbierska & Magdalena Kozera-Kowalska, 2023. "Impact of COVID-19 Pandemic on Tourist Travel Risk Perception and Travel Behaviour: A Case Study of Poland," IJERPH, MDPI, vol. 20(8), pages 1-20, April.
    6. Azzeddine Madani & Saad Eddine Boutebal & Hinde Benhamida & Christopher Robin Bryant, 2020. "The Impact of Covid-19 Outbreak on the Tourism Needs of the Algerian Population," Sustainability, MDPI, vol. 12(21), pages 1-11, October.
    7. Yingtong Chen & Fei Wu & Dayong Zhang & Qiang Ji, 2024. "Tourism in pandemic: the role of digital travel vouchers in China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    8. Andreea Orîndaru & Maria-Floriana Popescu & Alina Petronela Alexoaei & Ștefan-Claudiu Căescu & Margareta Stela Florescu & Anca-Olguța Orzan, 2021. "Tourism in a Post-COVID-19 Era: Sustainable Strategies for Industry’s Recovery," Sustainability, MDPI, vol. 13(12), pages 1-22, June.
    9. María Dolores Flecha-Barrio & Fernando E. García-Muiña & Lydia González-Serrano & Pilar Talón-Ballestero, 2024. "How to overcome a worldwide lockdown in the hospitality sector? Lessons from revenue managers," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 23(3), pages 217-237, June.
    10. Zerin Tasnim & Mahmud Akhter Shareef & Yogesh K. Dwivedi & Uma Kumar & Vinod Kumar & F. Tegwen Malik & Ramakrishnan Raman, 2023. "Tourism sustainability during COVID-19: developing value chain resilience," Operations Management Research, Springer, vol. 16(1), pages 391-407, March.
    11. Noelia Araújo-Vila & Jose A. Fraiz-Brea & Alexandra Matos Pereira, 2021. "Societal Changes Due to “COVID-19”. An Analysis of the Tourism Sector of Galicia, Spain," Sustainability, MDPI, vol. 13(15), pages 1-22, July.
    12. Dong-Shang Chang & Wei-De Wu, 2021. "Impact of the COVID-19 Pandemic on the Tourism Industry: Applying TRIZ and DEMATEL to Construct a Decision-Making Model," Sustainability, MDPI, vol. 13(14), pages 1-28, July.
    13. Chung-Shing Chan, 2021. "Developing a Conceptual Model for the Post-COVID-19 Pandemic Changing Tourism Risk Perception," IJERPH, MDPI, vol. 18(18), pages 1-12, September.
    14. Sotirios Varelas, 2022. "Virtual Immersive Platforms as a Strategic Innovative Destination Marketing Tool in the COVID-19 Era," Sustainability, MDPI, vol. 14(19), pages 1-15, October.
    15. Iva Gregurec & Martina Tomičić Furjan & Katarina Tomičić-Pupek, 2021. "The Impact of COVID-19 on Sustainable Business Models in SMEs," Sustainability, MDPI, vol. 13(3), pages 1-24, January.
    16. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    17. Xiang Lin & Martin Thomas Falk, 2022. "Nordic stock market performance of the travel and leisure industry during the first wave of Covid-19 pandemic," Tourism Economics, , vol. 28(5), pages 1240-1257, August.
    18. Garaus, Marion & Hudáková, Melánia, 2022. "The impact of the COVID-19 pandemic on tourists’ air travel intentions: The role of perceived health risk and trust in the airline," Journal of Air Transport Management, Elsevier, vol. 103(C).
    19. Gheorghe Cristian Popescu & Monica Popescu, 2022. "COVID-19 pandemic and agriculture in Romania: effects on agricultural systems, compliance with restrictions and relations with authorities," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 14(2), pages 557-567, April.
    20. Verikios, George, 2020. "The dynamic effects of infectious disease outbreaks: the case of pandemic influenza and human coronavirus," MPRA Paper 104434, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • Z30 - Other Special Topics - - Tourism Economics - - - General
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • Z38 - Other Special Topics - - Tourism Economics - - - Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2022:i:1:p:38-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.